Nigeria: Poverty at 5.50 USD per day
* indicates monthly or quarterly data series
| Nigeria |
Poverty ratio, percent living on less than 5.50 USD a day |
|---|---|
| Latest value | 92.90 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1985 - 2022 |
| Average | 90.27 |
| Min - Max | 87.20 - 92.90 |
| Source | The World Bank |
The latest value from 2022 is 92.9 percent, an increase from 88.7 percent in 2018. In comparison, the world average is 25.90 percent, based on data from 68 countries. Historically, the average for Nigeria from 1985 to 2022 is 90.27 percent. The minimum value, 87.2 percent, was reached in 2015 while the maximum of 92.9 percent was recorded in 2022.
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Definition: Poverty headcount ratio at $6.85 a day is the percentage of the population living on less than $6.85 a day at 2017 international prices.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gini inequality index | 33.90 | 2022 | index points |
| Poverty ratio | 56.20 | 2023 | percent |
| Poverty at 1.90 USD per day | 41.80 | 2022 | percent |
| Poverty at 5.50 USD per day | 92.90 | 2022 | percent |
| Top 10 percent income share | 26.30 | 2022 | percent |